Akelius Residential Property AB (publ)
Akelius Residential Property AB (publ), through its subsidiaries, owns, manages, rents, restores, and upgrades residential properties in the United States, Canada, and Europe. The company owns rental apartments in the metropolitan cities, including Washington D.C., New York, Boston, Austin, Toronto, Montreal, Ottawa, Quebec City, London, and Paris. The company was incorporated in 1971 and is head… Read more
Akelius Residential Property AB (publ) (AKEL-D) - Net Assets
Latest net assets as of December 2024: €3.38 Billion EUR
Based on the latest financial reports, Akelius Residential Property AB (publ) (AKEL-D) has net assets worth €3.38 Billion EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.73 Billion) and total liabilities (€3.35 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.38 Billion |
| % of Total Assets | 50.25% |
| Annual Growth Rate | 10.16% |
| 5-Year Change | -37.09% |
| 10-Year Change | 1.4% |
| Growth Volatility | 25.53 |
Akelius Residential Property AB (publ) - Net Assets Trend (2011–2024)
This chart illustrates how Akelius Residential Property AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Akelius Residential Property AB (publ) (2011–2024)
The table below shows the annual net assets of Akelius Residential Property AB (publ) from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.38 Billion | +19.34% |
| 2023-12-31 | €2.83 Billion | -37.13% |
| 2022-12-31 | €4.51 Billion | -36.08% |
| 2021-12-31 | €7.05 Billion | +31.17% |
| 2020-12-31 | €5.37 Billion | -2.75% |
| 2019-12-31 | €5.53 Billion | +2.91% |
| 2018-12-31 | €5.37 Billion | +9.26% |
| 2017-12-31 | €4.91 Billion | +20.93% |
| 2016-12-31 | €4.06 Billion | +21.89% |
| 2015-12-31 | €3.33 Billion | +39.45% |
| 2014-12-31 | €2.39 Billion | +39.65% |
| 2013-12-31 | €1.71 Billion | +47.83% |
| 2012-12-31 | €1.16 Billion | +20.57% |
| 2011-12-31 | €960.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Akelius Residential Property AB (publ)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 97.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €25.00 Million | 0.74% |
| Common Stock | €373.00 Million | 11.03% |
| Other Components | €2.98 Billion | 88.23% |
| Total Equity | €3.38 Billion | 100.00% |
Akelius Residential Property AB (publ) Competitors by Market Cap
The table below lists competitors of Akelius Residential Property AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan Hanshang Group Co Ltd
SHG:600774
|
$141.59 Million |
|
ARCHER
F:8SW
|
$141.59 Million |
|
Man Infraconstruction Limited
NSE:MANINFRA
|
$141.60 Million |
|
DXN HOLDINGS BHD.
KLSE:5318
|
$141.62 Million |
|
Bemobi Mobile Tech S.A
SA:BMOB3
|
$141.55 Million |
|
H+H International A/S
CO:HH
|
$141.52 Million |
|
Gérard Perrier Industrie S.A
PA:PERR
|
$141.51 Million |
|
C C Land Holdings Limited
PINK:CCLHF
|
$141.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akelius Residential Property AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,833,000,000 to 3,381,000,000, a change of 548,000,000 (19.3%).
- Net loss of 79,000,000 reduced equity.
- Dividend payments of 22,000,000 reduced retained earnings.
- New share issuances of 502,000,000 increased equity.
- Other comprehensive income decreased equity by 54,000,000.
- Other factors increased equity by 201,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-79.00 Million | -2.34% |
| Dividends Paid | €22.00 Million | -0.65% |
| Share Issuances | €502.00 Million | +14.85% |
| Other Comprehensive Income | €-54.00 Million | -1.6% |
| Other Changes | €201.00 Million | +5.94% |
| Total Change | €- | 19.34% |
Book Value vs Market Value Analysis
This analysis compares Akelius Residential Property AB (publ)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.61x to 3.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | €0.28 | €1.85 | x |
| 2012-12-31 | €0.34 | €1.85 | x |
| 2013-12-31 | €0.93 | €1.85 | x |
| 2014-12-31 | €0.97 | €1.85 | x |
| 2015-12-31 | €1.10 | €1.85 | x |
| 2016-12-31 | €1.39 | €1.85 | x |
| 2017-12-31 | €1.62 | €1.85 | x |
| 2018-12-31 | €1.68 | €1.85 | x |
| 2019-12-31 | €1.68 | €1.85 | x |
| 2020-12-31 | €1.55 | €1.85 | x |
| 2021-12-31 | €2.06 | €1.85 | x |
| 2022-12-31 | €1.32 | €1.85 | x |
| 2023-12-31 | €0.47 | €1.85 | x |
| 2024-12-31 | €0.59 | €1.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akelius Residential Property AB (publ) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.13%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.99x
- Recent ROE (-2.34%) is below the historical average (7.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 4.53% | 14.94% | 0.08x | 3.95x | €-52.53 Million |
| 2012 | 24.49% | 87.56% | 0.08x | 3.73x | €167.31 Million |
| 2013 | 14.64% | 73.26% | 0.07x | 3.02x | €79.26 Million |
| 2014 | 2.37% | 13.97% | 0.06x | 2.77x | €-171.07 Million |
| 2015 | 24.18% | 162.60% | 0.06x | 2.54x | €449.82 Million |
| 2016 | 26.29% | 227.74% | 0.05x | 2.28x | €659.04 Million |
| 2017 | 16.15% | 171.67% | 0.04x | 2.20x | €300.96 Million |
| 2018 | 9.47% | 103.94% | 0.04x | 2.37x | €-28.20 Million |
| 2019 | 6.97% | 76.41% | 0.04x | 2.23x | €-165.10 Million |
| 2020 | 2.12% | 23.78% | 0.04x | 2.37x | €-417.20 Million |
| 2021 | -3.21% | -106.60% | 0.02x | 1.77x | €-929.90 Million |
| 2022 | -13.25% | -197.03% | 0.03x | 2.00x | €-1.05 Billion |
| 2023 | -9.18% | -78.08% | 0.05x | 2.38x | €-543.30 Million |
| 2024 | -2.34% | -22.13% | 0.05x | 1.99x | €-417.10 Million |
Industry Comparison
This section compares Akelius Residential Property AB (publ)'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,758,810,556
- Average return on equity (ROE) among peers: 11.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akelius Residential Property AB (publ) (AKEL-D) | €3.38 Billion | 4.53% | 0.99x | $141.55 Million |
| Annehem Fastigheter AB (ANNE-B) | $389.30 Million | 14.54% | 1.60x | $43.12 Million |
| Bonasudden Holding AB (BONAS) | $320.42 Million | -7.58% | 1.43x | $17.42 Million |
| Brinova Fastigheter AB (publ) (BRIN-B) | $1.22 Billion | 8.06% | 1.69x | $39.66 Million |
| Eastnine AB (publ) (EAST) | $253.56 Million | 2.87% | 0.00x | $216.83 Million |
| Fastighetsbolaget Emilshus AB Pfd (EMIL-PREF) | $766.71 Million | 12.10% | 1.39x | $250.06 Million |
| Fabege AB (FABG) | $10.73 Billion | 24.76% | 1.41x | $1.30 Billion |
| Fastator AB (FASTAT) | $1.39 Billion | 34.74% | 1.28x | $1.85 Million |
| Fleming Properties AB (FLMNG) | $58.59 Million | 6.21% | 1.45x | $19.60 Million |
| Fortinova Fastigheter AB Series B (FNOVA-B) | $706.00 Million | 10.84% | 1.52x | $89.31 Million |